ETHZilla Shifts Focus to Ethereum, Raises $565M, Rebrands and Expands Holdings

August 19, 2025
ETHZilla Shifts Focus to Ethereum, Raises $565M, Rebrands and Expands Holdings
  • This rebranding marks a significant shift in corporate strategy, emphasizing Ethereum accumulation, yield-generation, and institutional appeal.

  • The company is also monetizing its legacy biotech intellectual property assets as part of its broader strategic realignment.

  • ETHZilla's transformation and activities are seen as catalysts for Ethereum’s future growth and mainstream acceptance in institutional finance, potentially shifting how digital assets are utilized globally.

  • ETHZilla Corporation, formerly 180 Life Sciences, rebranded on August 18, 2025, to focus on Ethereum holdings and related market activities, signaling a strategic pivot from biotechnology to digital assets.

  • The company will also change its stock ticker from ETHZ to ETHZW, reflecting its new focus.

  • ETHZilla has raised $565 million through private placements and convertible notes, including a $425 million funding round to acquire approximately 94,675 ETH at an average price of $3,902.20, with holdings valued at around $419 million.

  • The company employs a hybrid approach combining staking, lending, liquidity provisioning, and private agreements in partnership with Electric Capital to maximize Ethereum yield and diversify risk.

  • Despite market fluctuations, ETHZilla continues to pursue growth through fundraising, asset monetization, and strategic rebranding efforts.

  • Notably, investor Peter Thiel holds a 7.5% stake in the company, which has also completed a $156 million notes sale.

  • The increasing institutional adoption of Ethereum is influencing macroeconomic dynamics by providing a new asset class that enhances price stability and yield for corporate treasuries, while maintaining liquidity to mitigate risks.

  • ETHZilla now holds approximately 94,675 ETH, valued at about $406 million, making it the fifth-largest corporate ETH holder.

  • Despite a slight after-hours stock decline following Ethereum's price dip from $4,380 to $4,290, the stock had previously closed up 5.26%, with ongoing positive momentum.

Summary based on 3 sources


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